Studio · 417 sqftCapital Bay Towers 2, Business Bay · 11th floor · completed 2014

1101, Capital Bay Towers 2

Sold prices and rental history: sold twice, last in February 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1101 · DLD and Ejari recordsUpdated 2 March 2024
Last soldAED 675K16 February 2015
Current rentAED 42K /yr2 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1101, Capital Bay Towers 2

What is 1101 worth today?

Last sold for AED 675,200 in 2015

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2 Mar 2024RentedRenewal
AED 42,000/yr12 months · AED 100 per sqft
2 Mar 2023RentedNew contract
AED 42,000/yr12 months · AED 100 per sqft
1 Mar 2022RentedRenewal
AED 33,000/yr12 months · AED 79 per sqft
1 Mar 2021RentedNew contract
AED 33,000/yr12 months · AED 79 per sqft
23 Feb 2020RentedRenewal
AED 42,500/yr12 months · AED 101 per sqft
23 Feb 2019RentedNew contract
AED 47,000/yr12 months · AED 112 per sqft
20 Nov 2017RentedNew contract
AED 52,000/yr12 months · AED 124 per sqft
16 Feb 2015SoldReady
AED 675,200AED 1,620 per sqft

Source: Dubai Land Department. Updated 2 March 2024.

Key facts

Type
Studio apartment
Size
417 sqft
Floor
11th of 18
Parking
B1-123
Developer
DAMAC
Completed
2014
Last sold
AED 675K · February 2015

About 1101, Capital Bay Towers 2

1101 is a studio of 417 sqft on the 11th floor of Capital Bay Towers 2, a 18-storey tower in Business Bay completed in 2014 by DAMAC. It last sold on 16 February 2015 for AED 675,200, or AED 1,620 per sqft, 9% below the AED 1,788 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 2 March 2024, is AED 42,000 a year: a gross yield of 6.2% on the 2015 price.

Sales and rents for 1101 over time

Sales
Unit 1101, each saleTypical studio in Capital Bay Towers 2
500K750K1M2013201720212025Typical sale price by year: 2013 AED 944,300; 2014 AED 923,200; 2015 AED 931,300; 2016 AED 826,250; 2017 AED 800,000; 2018 AED 600,000; 2020 AED 410,000; 2021 AED 413,176; 2022 AED 470,000; 2023 AED 600,000; 2024 AED 625,000; 2025 AED 705,000; 2026 AED 732,470Sold by developer, November 2013: AED 675,200 (AED 1,620 per sqft)Sold, February 2015: AED 675,200 (AED 1,620 per sqft)

1101 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1101, each contractTypical studio in Capital Bay Towers 2
40K60K80K20152018202120242027Typical rent by year: 2015 AED 74,792; 2016 AED 70,000; 2017 AED 65,000; 2018 AED 55,000; 2019 AED 48,000; 2020 AED 36,500; 2021 AED 36,000; 2022 AED 44,000; 2023 AED 51,318; 2024 AED 55,913; 2025 AED 57,750; 2026 AED 55,000New contract, November 2017: AED 52,000 a yearNew contract, February 2019: AED 47,000 a yearRenewal, February 2020: AED 42,500 a yearNew contract, March 2021: AED 33,000 a yearRenewal, March 2022: AED 33,000 a yearNew contract, March 2023: AED 42,000 a yearRenewal, March 2024: AED 42,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Capital Bay Towers 2, and where 1101 sits

All 91 studios →

1101 last sold in February 2015 at AED 1,620 per sqft, 9% below what studios in Capital Bay Towers 2 were fetching at the time (AED 1,788). Over the last 12 months studios sold for AED 523,462 to 905,000, around AED 1,393 per sqft, and rent for AED 36,000 to 80,000 a year. 1101's AED 42,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
17 Aug 2026545,951
29 Jul 2026705,000
19 Jun 2026750,000
13 May 2026523,462
16 studio sales in the last 12 months

Capital Bay Towers 2

Building

163 apartments, studios to 2-bed over 18 floors in Business Bay, completed in 2014 by DAMAC. 23 sold in the last 12 months.

Typical price per sqft
AED 1,299 Up 8.5%
Typical sale
AED 750K
Typical rent
AED 61K /yr
Typical yield
7.8%
Capital Bay Towers 2, Business Bay: prices, sales and rents →

Other units on the 11th floor

All 163 units in Capital Bay Towers 2
Value
11022-bedAED 1.37M · Jul 2024
1103StudioAED 300K · Nov 2020
1104StudioAED 1.04M · Feb 2015
1105StudioAED 1M · Jun 2016
11062-bedAED 2.69M · Dec 2013
11071-bedAED 1.05M · Jul 2025
1108StudioAED 1.04M · Dec 2013
1–7 of 9

1101, Capital Bay Towers 2 in numbers

  • Sold twice: first on 6 November 2013 for AED 675,200, last on 16 February 2015 for AED 675,200 (AED 1,620 per sqft).
  • Rented since November 2017 on 7 Ejari contracts. The rent fell from AED 52,000 to AED 33,000 in 2022 and recovered to AED 42,000 by March 2024.
  • At AED 42,000 a year the gross yield on the 2015 price is 6.2%.
  • Studios in Capital Bay Towers 2 sold for AED 523,462–905,000 in the 12 months to November 2026; the building's median across all types is AED 1,299 per sqft.

Source: Dubai Land Department. Updated 2 March 2024.

Questions about 1101, Capital Bay Towers 2

What did unit 1101 last sell for?

AED 675,200 on 16 February 2015: AED 1,620 per sqft for 417 sqft. The unit has 2 registered sales; the first was AED 675,200 in November 2013.

What is the rent for unit 1101?

AED 42,000 a year on the contract renewed on 2 March 2024. The previous contract, from March 2023, was AED 42,000; the unit has been rented since November 2017.

How big is unit 1101?

417 sqft (38.7 sqm): a studio on the 11th floor of a 18-storey tower completed in 2014.

What is unit 1101 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Capital Bay Towers 2 sold for AED 523,462 to 905,000 in the last 12 months, around AED 1,393 per sqft.

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Mortgage on 1101, Capital Bay Towers 2

Starts from the last sale price (AED 675K, 16 February 2015). Switch to today's estimate once you have unlocked it.
Price
AED 675,200
Deposit, UAE resident (20%)
AED 135,040
Deposit, non-resident (40%)
AED 270,080
Monthly over 25 years at 3.7%
AED 2,762

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →